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Overview
This advanced workshop explains the regulatory requirements and provides hands on exercises and scenario analysis to identify, define and measure changes to cost accounting practices.  

The course begins by summarizing the regulatory framework for CAS and cost accounting practices included in both CAS and FAR, followed by a brief review of cost accounting practices and what constitutes a practice change. After establishing the framework, we will delve into the four different types of cost impacts and the selection of the appropriate technique for notification and settlement of the cost impact. 

Shifting to measurement of the cost impact, we tackle the challenges of establishing a comparative baseline for measurement; discusses covered and affected contracts for inclusion in the cost impact; describes agency and contract type disclosure; treatment of contract types and offsets and netting between contract types and types of changes including:
  • Required changes
  • Desirable changes
  • Unilateral changes 
  • Non compliances

Rounding out the lecture, practical issues with cost impacts will be discussed emphasizing precedent setting case law that shapes the identification and measurement process used for computing cost impacts.

The interactive workshop portion of the course continues with practical exercises and scenario analysis illustrating and reinforcing the course material including:
  • Identifying Changes
  • Measuring Cost Movement
  • Aggregating Impact
  • Presenting results

Course attendees will also be provided with a checklist supporting the cost impact process to facilitate preparation of an analysis, which meets the regulatory requirements and addresses relevant guidance and case law.

Course Objectives:
Upon successful completion of the course you will be able to:
  • Demonstrate knowledge on cost movement
  • Develop tactics around changes and cost impacts
  • Identify process used for computing cost impacts
  • Effectively understand and present cost impact analysis to others
Dates/Locations
October 30-31, 2025
The Westin Tysons Corner
Falls Church, VA, United States
Travel Info
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Agenda
Day 1
8:00 AM - 3:00 PM
Schedule for La Jolla, CA and Hilton Head, SC Weeklong Conferences
9:00 AM - 4:00 PM
All Other Locations
 
Day 2
8:00 AM - 11:00 AM
Schedule for La Jolla, CA and Hilton Head, SC Weeklong Conferences
9:00 AM - 12:00 PM
All Other Locations

Introduction

1.1.   CAS Clauses

1.2.   Regulatory Guidance

Cost Accounting Practice

1.3.   Definition

1.4.   What is a change?

1.5.   CASB Illustrations

1.6.   Organizational vs. Practice Changes

Types of Cost Impacts

1.6.1.  General Dollar Magnitude

1.6.2.  Detailed Cost Impact

1.6.3.  Changed practice

1.6.4.  Non-compliance

Cost Impact Process

1.7.   Notification Requirements for Changes

1.8.   Identifying Changes

1.9.   Covered contracts

1.10. Contract types

1.11. Government Agencies

1.12. Cost Movement

Measuring Impact

1.13. Baseline – Original estimates vs. current cost estimates

1.14. Cost type contracts

1.15. Fixed price contracts

1.16. T&M contracts

1.17. Incentive contracts

1.18. Fee

1.19. Offsets and netting

1.20. Non-Compliance

1.20.1.    Estimating

1.20.2.    Accumulation

Cost Impact Issues

1.21. Organizational vs. Practice changes

1.22. Practice changes implemented at the same time

1.23. Cost measurement when costs move across contract types

1.24. Statute of Limitations

1.25. Interest

1.26. Selected case law

Workshop

Interactive workshop working through exercises and case studies illustrating and reinforcing the course agenda including:

·       Identifying Changes
Measuring Cost Movement
Aggregating Impact
Presenting results

Experts
  • Deborah Nixon
    Founder & Managing Officer, Crosshair Advisors
    Deborah Nixon, is a nationally recognized trainer, licensed Certified Public Accountant (CPA) and career dedicated Government contracts practitioner with over 30 years of experience. Deborah is the founder of Crosshair Advisors, and a retired Partner with Ernst & Young’s Government Contrac...
    See Full Bio
Accreditation
See Individual Courses For Available Credits
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 9.5 (CPE) hours of credit
Program Level: n/a
Program Prerequisite: n/a
Advance Preparation: n/a
Method: n/a
CLP: Continuous Learning Points
Approved for CLP by Defense Acquisition University
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP Hours
This program is eligible for: 8 (CLP) hours of credit
CLE: Continuing Legal Education
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE Hours
This program is eligible for: 8.25 (60 minutes), (50 minutes)
Travel
The Westin Tysons Corner
7801 Leesburg Pike
Falls Church, VA, 22043
7038931340
Hotel & Room Block Info

There is a room block for this location. The rate is $262 per night plus taxes. Click here to reserve your room. Reservations must be made by October 4, 2025.

General Information

???????FOOD & BEVERAGE
Breakfast and lunch will be served.
Coffee, tea, and water will be served throughout the day.

In-House
Bring Federal Publications Seminars to your location! If you would like to offer this course in-house, please contact us.
Schedule Training
Schedule Training
Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 888.865.9082.
Request a Quote
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Level
  • 100
    Basic or fundamental subject matter is covered. Courses are geared to general knowledge or can be taken as a refresher.
  • 200
    Specific topics or issues within a topic area are covered. Students should be familiar with terms of art and general concepts concerning the course topic.
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    Workshops and class discussions cover specific subject matter in-depth, and participation is strongly encouraged. Attendees should have at least 2-3 years' experience in the area of study.
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